Which of the following is not a part of the formal process of recording accounting events?
A)general journal
B)general ledger
C)T-Accounts
D)All of the above are part of the formal process of recording accounting events.

Question

Quizplus · Accepted Answer

T-Accounts are a visual representation of transactions and account balances, but they are not a formal part of the accounting process for recording events. The general journal and general ledger are both essential components of the formal accounting process.

Which of the Following Is Not a Part of the Formal